Raise the Hammer

Comment 46336

By F. Ward Cleat (anonymous) | Posted August 26, 2010 at 14:03:34

The most successful franchises in the CFL are Edmonton and Saskatchewan both are 'Community Owned.' It may be time to investigate some sort of hybrid community/private ownership. Perhaps the Caretaker would be interested in a 'City Building' initiative whereas he would sell a 49% share of his team to the community at large. This sale could be in the form of individual shares to fans, or a lump sum payment from the City of Hamilton that could in turn be sold to individual(fans) investors. As Ryan stated this business operates on about $15 million yearly and that isn't a huge investment by todays standards. Logic would lead me to believe if fans become shareholders the Tiger-Cats would be financially stable. The West Harbour Stadium is a wonderful opportunity to exhilarate the rebirth of the core and we shoudn't let a massive parking lot derail this initiative.